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We present an equilibrium model of inter-linked frictional labour and marriage markets. In the marital market, men and … (initiated by women) is an option, in an equilibrium with male marriage premium married men have a higher reservation wage than …
Persistent link: https://www.econbiz.de/10014541634
frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the … interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by … male wage differentials. The equilibrium may also display the "marriage premium". predicted to be lower among attractive …
Persistent link: https://www.econbiz.de/10010491716
Using an equilibrium model of inter-linked frictional labour and marriage markets, we establish the existence of male … marriage premium within a given productivity group, as well as a clear ranking of premia across different groups. We find …
Persistent link: https://www.econbiz.de/10012057277
We present an equilibrium model with inter-linked frictional labour and marriage markets. Women's flow value of being … sequential job search, and can choose to improve their labour market returns as well as their marriage prospects by undertaking a …
Persistent link: https://www.econbiz.de/10012119529
We investigate how job displacement affects whom men marry and study implications for marriage market matching theory … of the marriage market to derive several implications of our empirical findings: (i) husbands’ and wives’ incomes are … substitutes rather than complements in the marriage market; (ii) our findings are hard to reconcile with one-dimensional matching …
Persistent link: https://www.econbiz.de/10015075023
We investigate how job displacement affects whom men marry and study implications for marriage market matching theory … of the marriage market to derive several implications of our empirical findings: (i) husbands' and wives' incomes are … substitutes rather than complements in the marriage market; (ii) our findings are hard to reconcile with one-dimensional matching …
Persistent link: https://www.econbiz.de/10015075041
Do people move to cities because of marriage market considerations? In citiessingles can meet more potential partners …
Persistent link: https://www.econbiz.de/10011343296
Do people move to cities because of marriage market considerations? In cities singles can meet more potential partners … marriage market benefits disappear while the housing premium remains. We extend the model of Burdett and Coles (1997) with a …
Persistent link: https://www.econbiz.de/10013318738
Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they call the "fundamental surplus." However, their analysis ignores risk premia, a force that Hall (2017) shows is important in understanding unemployment fluctuations. We show how...
Persistent link: https://www.econbiz.de/10012649569
We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply and … female wages. We estimate the expected share of marriage surplus appropriated by each spouse as a function of wages. The …
Persistent link: https://www.econbiz.de/10009715111